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Asante Gold (XGHA:ASG) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Asante Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asante Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asante Gold's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Asante Gold Cyclically Adjusted Price-to-FCF Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
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Asante Gold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Asante Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Asante Gold's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asante Gold's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asante Gold's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Asante Gold's Cyclically Adjusted Price-to-FCF falls into.



Asante Gold Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Asante Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2024 is calculated as:

For example, Asante Gold's adjusted Free Cash Flow per Share data for the three months ended in Jul. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=0.499/128.0748*128.0748
=0.499

Current CPI (Jul. 2024) = 128.0748.

Asante Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 -0.017 99.473 -0.022
201501 -0.075 98.209 -0.098
201504 -0.116 99.710 -0.149
201507 0.026 100.579 0.033
201510 0.046 100.500 0.059
201601 -0.205 100.184 -0.262
201604 -1.042 101.370 -1.317
201607 -0.018 101.844 -0.023
201610 -0.044 102.002 -0.055
201701 0.720 102.318 0.901
201704 -0.181 103.029 -0.225
201707 -0.116 103.029 -0.144
201710 -0.004 103.424 -0.005
201801 -0.008 104.056 -0.010
201804 0.005 105.320 0.006
201807 0.000 106.110 0.000
201810 0.001 105.952 0.001
201901 -0.042 105.557 -0.051
201904 -0.532 107.453 -0.634
201907 -0.018 108.243 -0.021
201910 -0.032 107.927 -0.038
202001 0.473 108.085 0.560
202004 -0.014 107.216 -0.017
202007 -0.011 108.401 -0.013
202010 -0.056 108.638 -0.066
202101 -0.154 109.192 -0.181
202104 -0.102 110.851 -0.118
202107 -0.294 112.431 -0.335
202110 -0.490 113.695 -0.552
202201 -1.004 114.801 -1.120
202204 -1.777 118.357 -1.923
202207 3.314 120.964 3.509
202210 -0.500 121.517 -0.527
202301 -0.113 121.596 -0.119
202304 -0.702 123.571 -0.728
202307 -0.063 124.914 -0.065
202310 0.917 125.310 0.937
202401 -1.356 125.072 -1.389
202404 0.591 126.890 0.597
202407 0.499 128.075 0.499

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Asante Gold  (XGHA:ASG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Asante Gold Cyclically Adjusted Price-to-FCF Related Terms

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Asante Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.